Question of the Day

Filed in National by on January 13, 2012

If a business only exists for profits and not for jobs, should the government be facilitating their growth or regulating them into oblivion?

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A Dad, a husband and a data guru

Comments (10)

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  1. Delaware Dem says:

    The second thing.

  2. pandora says:

    They should be regulated, simply because we’ve seen what happens when money movers run a-muck.

    And the government shouldn’t be facilitating their growth. Hmmm… wouldn’t that be picking winners and losers?

    The real problem is Romeny is trying to morph Bain into something it’s not – a corporation whose bottom line is job creation and not profits. It’s laughable.

  3. PBaumbach says:

    Economic Value Added is a fundamental piece of corporate reporting outside the US. See http://ideas.repec.org/a/icf/icfjar/v07y2008i2p40-52.html

    This is used in cultures (unlike the US) where maximizing shareholder profits are not the only corporate goal.

  4. rusty dils says:

    Again, there are lots of countries for you guys to move to where you can have your way. The united states is about to start heading a different direction in November. The question does not contain enough information. However, making a small , medium, large, or giant profit, has nothing to do with regulation. Almost all for profit businesses, are started and run with one major theme in mind, make money. Jobs happen only if the business has enough business to need to hire people. Business are not started to hire people, they are started to make money, jobs are just the end result of strong demand, and success of the business. Regulation has nothing directly related to profit, or jobs. Regulation is related to the type of industry the business is in, and the type of products or services the business offers.

  5. socialistic ben says:

    Hey! you learned how to use spell check, Little Dils (good job, dad)
    Anyway…. Just like all the founding documents say “We, the businesses of the United states”
    Just to be clear, you have just said that America is a place where, by the design and intention of the founders, our fellow citizens well-being is a distant second to our individual wealth. amiright?
    Now, i also understand that America was founded on Christian values. I know Im a heathen Jew, but I thought JC had a different viewpoint about wealth and other Earth occupants and how to treat them and all that stupid shit…. maybe not.
    I have a different idea. I think you’re 100% correct, about, the, definition of a business. Seriously. They’re only goal is to make money no matter the cost to anyone but the people who make the money. I’ve been saying that for years and been called a commie, and now that a strong conservative like yourself agrees with me, there is hope.
    You’ve taught me to hope again, Rusty. Thank you.
    I think it is the governments job to make sure, in making obscene amounts of money, those PEOPLE who run the CORPORATIONS arent ripping off HUMANS and ruining their Life, LIberty, and Happiness.

  6. socialistic ben says:

    “The real problem is Romeny is trying to morph Bain into something it’s not – a corporation whose bottom line is job creation and not profits. It’s laughable.”

    the best part is, It’s called Bain CAPITAL!!!!! not Bain Jobs, or Bain Social, or even something obscure like Bain Enterprises. The main goal of it was shamelessly to make money at all costs.

  7. puck says:

    The GOP populist attacks on Romney’s Bain record are interesting, because a week ago these guys were all talking about repealing “job-crushing regulations.” Of which not one example could be found, but we were assured there was a huge number of them, and they were crushing our jobs, and they were all Obama’s fault.

    And now here they are, attacking Romney for taking advantage of the lack of regulation in the financial sector, acting rationally in his own interest, capitalist-style.

    Of course the Bain attacks aren’t a reflection of their views on regulation. It’s totally opportunistic – they found a club they could bash Romney with and it works. So what if it completely goes against their sworn conservative principles. That’s what kind of men they are.

    But the interesting thing about the attacks is that they have not proposed any regulations to control the behavior they are attacking, and they have not renounced their views on repealing regulations.

    So that leaves them advocating that business should be free of regulation, but should nonetheless behave in America’s interest over their own, and should be held to that standard by attack ads rather than by laws.

  8. walt says:

    Businesses “exist” solely for profit. That is the motivation of a business venture. And they are taxed for that reason. Jobs are for those who want to work for businesses in exchange for pay. Welfare is for those who don’t.

  9. rusty dils says:

    Very well, and succently put Walt

  10. Truth Teller says:

    How many Tax payer $$$ went to Bain’s enterprises???